Oireachtas Joint and Select Committees

Wednesday, 21 November 2012

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

Credit Union Bill 2012: Committee Stage

5:10 pm

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source

The section relates to the suspension and removal of a director by the board oversight committee. The amendment proposes that when forming an opinion which may lead to the decision to suspend a director the board oversight committee will be required to express its opinion in written form to the director concerned. I thank the Deputy for tabling the amendment. It is one in which there is merit. I will ask the Department to consult with the Attorney General's office with a view to bringing forward an amendment of the same effect.